Purchase price: $290,000 Cash invested: $80,000 We took a dated Colonial style home with a detached 2 car garage and converted it into 2 cash flowing units (STR'S)Location was paramount as its next to Grand Park ( Largest amateur sports complex in the midwest) and in an A+ area In terms of growth and average sales price.

Be aware that will force you to make choices that your friends may not want to make - they are going to blow a grand on spring break, you are going to work at Papa's Pizza Shop and pocket a few hundred bucks.

Within 3-4 hours of Denver is a huge plus, but not opposed to something far like Grand Junction.  

Short drive to First Grand Wizard of the KKK, Nathan Bedford Forrest's home, is NOT fine. 

Williams is putting more $$$ into tourism and the like,It is right on the road to the south rim of the Grand Canyon.

Long story short- the brokers lawyer wanted to settle and not go to trial (more expensive lawyers) so we settled for just less than 20 grand.

We're actually working on a glamping development up near the Grand Canyon so not too far away!

I'm from the Rio Grande Valley in Texas and when I started looking at the inventory here, the prices and numbers agents gave me were insane.

Sorry for the scavenger hunt-esque answer.too funny my Grand parents had a cottage on Lake Poygan the next lake over.. would not think of that area for rentals..

Is there any builder direct to investors here around Kalamazoo-Grand Rapids, MI area?